A report by the firm Chainalysis showed that Venezuela ranks as the third country in the world, only behind Ukraine and Russia in the adoption of payments with cryptocurrencies.
The blockchain analysis company indicated that the Latin American country obtained a score of 0.80 on a scale of 0 to 1…
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cryptocurrencies
Tether, the most used cryptocurrency other than bitcoin
The cryptocurrency tether is known as the one that remains and acts in the shadows. However, today it is one of the most used, even above bitcoin.
All this because this asset, also known as the usdt, is one of the financial vehicles that…
Treasury Department to keep a close eye on cryptocurrencies
This Thursday, the United States Department of the Treasury announced that from now on it will monitor activities with cryptocurrencies more closely.
According to the US agency, this measure is taken because the use of digital assets…
Fed to present report on cryptocurrency launch
The United States Federal Reserve (Fed) plans to publish a report in a few months that will explore the implications of technology for digital payments, including a section focused on the possibility of the central bank issuing its own…
Bitcoin regains position after chaotic week
Since last week, the cryptocurrency bitcoin had been presenting strong falls in the market to the point of placing itself at $ 30,000, half of its last peak.
It suffered a colossal decline on May 19, falling from a daily open of around $…
China bans offering cryptocurrency services
China announced a ban on financial institutions and payment companies to provide any type of service related to cryptocurrencies.
From now on, banks and online payment channels will not be able to offer their customers any services that…
The world of cryptocurrencies is in chaos
The recent crash of bitcoin, among other things due to comments made by Tesla CEO Elon Musk, has created a total chaos among its enthusiasts.
Musk's comments caused the cryptocurrency to fall to its lowest levels in the last 20 weeks,…
JPMorgan assures that the value of ethereum is very high
The financial institution JPMorgan indicated that the current value of ethereum is well above what it should really cost.
According to the investors of the US bank, the cryptocurrency should cost 75 % less than it is currently worth in the…
UBS will offer cryptocurrencies to its clients with high funds
The Swiss bank UBS is working on alternatives to be able to offer its clients new products related to cryptocurrencies.
This was stated by several sources close to the institution, who also stressed that these alternatives would be…
Dogecoin continues to break growth records
The cryptocurrency dogecoin continues to break records within the digital asset market, this time breaking the 50-cent barrier.
This week, the asset increased its value by 35 %, in a period of 24 hours, which made it add a growth so far in…
PayPal assures that cryptocurrencies “are giving excellent results”
The president and CEO of PayPal, Dan Schulman, spoke about the results that the use of cryptocurrencies has brought for his platform.
As the executive indicated during the presentation of the Investor Report for Q1 for 2021, digital assets…
Bitso crypto exchange reaches the “Unicorn” status
Bitso, the largest Argentine cryptocurrency platform in Latin America by volume, has reached a market valuation of 2,200 million dollars, becoming the first Latin American cryptocurrency firm to achieve the status of "unicorn" by exceeding…